Another few cent gone as factories tighten up

There has been a further slight tightening in the returns to cattle farmers from the beef factories this week.

Another few cent gone  as factories tighten up

Although the factory quotes for stock for the week are unchanged, processors have further tightened the reins on top-ups which had been worth a few cent per kg — leaving farmers selling fat cattle taking 20-24 cents/kg less than they got at the end of June and in early July.

The price adjustment effected by the factories has knocked €70 to €80/head off fat cattle prices — and holding on in hopes of a price recovery becomes less of an option, due to the effects on most farms of a continuing difficult weather situation.

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